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Last Mile Delivery Company Seeking Loan in Calgary, Canada

Supply-chain company enabling underserved SMEs fulfill invoices from manufacturers globally.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales USD 20 - 30 million
Run Rate Sales USD 180 million
EBITDA Margin 20 - 30 %
Industries Ecommerce Websites + 1 more
Locations  Calgary
Local Time 8:44 AM America / Chicago
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 7 million for 20.0% annual interest, 4 years (Native Currency: CAD 10,000,000)
Reason: Working capital to provide liquidity for trade settlements and turnover.
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
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Business Name
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Business Overview

The company was established to streamline the supply chain between underserved SMEs and manufacturers.

We are seeking equity or debt funding to increase revenue and expand.

1. Company has demonstrated traction and market fit and successfully completed USD 43m+ in trade settlements.

2. We have waitlisted customers that are willing to patronize the service once funding is finalized.

3. Funding will be used for expansion liquidity and float purposes to settle invoices with manufacturers.

4. We cater to the African market with a huge potential estimated market share of USD 1B.

5. We generate revenue by charging a 1% fee on every transaction.

6. Business has around 500 manufacturers and retail clients with increasing demand.

7. We onboarded new clients and expanded to other regions which resulted in growth in sales.

8. Our business model is very lean. Operating costs are minimal.

9. Business has 5 permanent employees and many other temporary staff.

Products & Services Overview

We offer a procurement-driven service that enables underserved retailers and small businesses to fulfil invoices from manufacturers in Asia, Europe, and North America.

Services.

- Invoicing & settlement.

- Marketing & distribution.

- Export market assistance.

Assets Overview

Office computers and other office assets.

Goodwill, and waitlisted customers will be converted to sales and revenue.

Facilities Overview

Rental office in Calgary, Canada and Delaware US.

Capitalization Overview

Business has been bootstrapped and owned 100% by founder. No major debts or liabilities. We intend to raise debt or equity to provide liquidity.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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